On Thursday, Shares of SM Energy Co (NYSE:SM), gained 6.75% to $41.29. 1.77 million shares of the company were exchanged.
SM Energy Company (SM) declares that it has accomplished the semi-annual redetermination of its borrowing base under its senior secured revolving credit facility. The borrowing base was reduced to $2.0 billion from $2.4 billion. This predictable reduction was primarily the result of the Company’s sale of Mid-Continent assets for about $324 million, accomplished in the second quarter of 2015, plus adjustments comprising with lower commodity prices. The Company has elected to leave the commitments from the bank group unchanged at $1.5 billion. As of the end of the third quarter of 2015, about $184 million was drawn on the credit facility.
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America.
Shares of Moody’s Corporation (NYSE:MCO), declined -1.07% to $98.38, during its last trading session.
Moody’s Corporation (MCO) will release third-quarter 2015 results before the start of NYSE trading on Friday, October 30, 2015. A copy of the release will be posted on Moody’s Investor Relations website, http://ir.moodys.com.
Moody’s Corporation invites you to take part in a teleconference on Friday, October 30, 2015 at 11:30 a.m. Eastern Time to talk about its third-quarter 2015 results. Raymond W. McDaniel, Jr., President and Chief Executive Officer, and Linda S. Huber, Executive Vice President and Chief Financial Officer, will jointly host the call. Their remarks will be followed by a question and answer period.
Moody’s Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. The company operates through Moody’s Investors Service and Moody’s Analytics segments.
At the end of Thursday’s trade, Shares of Dover Corp (NYSE:DOV), inclined 3.07% to $63.83.
It traded in a range of $61.75 and $64.25, exchanging hands with 1.73 Million shares.
Dover (DOV) declared that it will release third quarter 2015 earnings at 6:00 a.m. Central time (7:00 a.m. Eastern time) on Tuesday, October 20, 2015. Later that morning, Dover will host a conference call at 9:00 a.m. Central time (10:00 a.m. Eastern time) to talk about these results.
To take part on the conference call, please dial 1-866-882-5865 (domestic) or 1-678-894-3017, reservation number 52317274. Due to the predictable number of callers, please dial in at least 15 minutes before the conference is to start and ask to be connected to the Dover teleconference.
Dover Corporation manufactures and sells a range of equipment and components, specialty systems, and support services in the United States. The company operates in four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment.
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